EnvestorFirst (< 20)

Utilize Opportunities With Oil Service Stocks

1

We are big fans of oil service stocks, and wanted to give you an update on some new promising oil-field service stocks that are popping up in the market. There are a couple different choices when it comes to service stocks, choose which is best for you.

"Completion and production

The completion and production services market, with respect to unconventional energy resources, is also expected to provide strong prospects for oil-field services companies. The sector, which contributes around 70% to the total oil-field services industry, requires huge infrastructure. This is where biggies such as Schlumberger (NYSE: SLB) and CGG Veritas (NYSE: CGV) come into play. Most of the demand is expected from international markets. For instance, countries such as Poland, which lack infrastructure, present huge opportunities for oil-field services providers."